The tenant is the largest operator of mobility, logistics hubs, and neighborhood kitchens in the United States, Canada, and has a growing presence in Europe.
The 6,115-square-foot auto tire and service center is situated on 27,502 square feet of land.
The property was 96% occupied at the time of the sale with a mix of office and medical tenants.
The deal brings the park to 100% occupancy.
A leading provider of e-commerce fulfillment and technology solutions has signed a long-term lease agreement.
The FLCCIM YPN will cater to the preferences, activities and style of those mostly under 40 members of our commercial real estate community and will be instrumental in further engaging this segment of the membership, especially given the large number of professionals working in the CRE industry and the wide age variation among them.
CBRE’s Larry Genet and Tom O’Loughlin represented the landlord in the deal.
CBRE’s Larry Genet, Tom O’Loughlin, and Jake Zebede represented the owner in the sale of the industrial warehouse.
The leases bring Hillsboro Technology Center’s Building E, a 123,290 square foot industrial building and Building F, a 151,852 square foot industrial building, to 100% leased.
The sales price equates to $193.00 per square foot.